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Re: 24601 post# 141601

Thursday, 04/19/2007 11:06:50 AM

Thursday, April 19, 2007 11:06:50 AM

Post# of 249379
24601

Perhaps this is why the ASM was moved up! 60 days from March 31, 2007 would be May 31, 2007, "exercisable within 60 days."



"The following table sets forth certain information as to the number of shares of Common Stock of the Company beneficially owned as of March 31, 2007 by each executive officer, each director and nominee for director of the Company and all executive officers and directors as a group."

(4) Includes 846,221 shares of Class A Common Stock that are subject to options presently exercisable or exercisable within 60 days.


SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information as to the number of shares of Common Stock of the Company beneficially owned as of March 31, 2007 by each executive officer, each director and nominee for director of the Company and all executive officers and directors as a group. To the knowledge of the Company, each of the owners named below has sole voting and investment power with respect to the shares of Common Stock beneficially owned by him or it unless otherwise indicated.

Beneficial Owner (1)



Number of Shares
of Class A Common
Stock Owned(2)

Percent
of
Class

Number of Shares
of Class B Common
Stock Owned

Percent of
Class

Percent
of All
Outstanding
Common
Stock(3)


Steven Sprague(4)
915,11
2.1%
14,034
35.8 %
2.1%

John E. Bagalay, Jr.(5)
55,330*



Nolan Bushnell(6)
27,331 *
—*

George Gilder(7)
96,999
*
667
1.7%
*

John E. McConnaughy, Jr.(8)
69,081*

—*

Gerard T. Feeney(9)
469,494
1.1%


1.1%


All executive officers and directors
as a group (6 persons) (10)
1,633,348
3.8%
14,701
37.5%
3.8%

* Less than one percent.

(1) Each individual has sole voting and investment power, except as otherwise indicated.

(2) Includes shares of Class A Common Stock issuable upon the conversion of Class B Common Stock.

(3) In circumstances where the Class B Common Stock has five votes per share, the percentages of total voting power would be as follows: Steven Sprague, 2.2%; John E. Bagalay, Jr., less than 1%; Nolan Bushnell, less than 1%; George Gilder, less than 1%; John E. McConnaughy, Jr., less than 1%; Gerard T. Feeney, 1.1%, and all Executive Officers and directors as a group, 3.9%.

(4) Includes 846,221 shares of Class A Common Stock that are subject to options presently exercisable or exercisable within 60 days. Also includes 58,351 shares of Class A Common Stock acquired through Wave’s employee stock purchase plan. In addition, includes 12,367 shares of Class B Common Stock held in trust for the benefit of Mr. Steven Sprague’s family, and for which Mr. Steven Sprague is a trustee and 2,333 shares of Class A Common Stock held jointly by Mr. Sprague and his spouse, Judith

One quarter at a time!

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